Issuer officials who said Treasury's final issue price rules are a vast improvement over earlier proposals nevertheless raised concern that they might discourage competitive sales of bonds or create problems for issuers if underwriters run afoul of the rules.

ISM Non-Manufacturing Index Dips to 46.4 in July

The Institute for Supply Management’s non-manufacturing business activity composite index was 46.4 in July, down from 47.0 in June, on a seasonally adjusted basis, the group said yesterday.

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